Disrupt Equity Brings 6 Assets Full Cycle in 2021 with the Closing of Alamo Oaks, a 282-Unit Apartment Community in San Antonio
Disrupt Equity, a multifamily real estate investment firm headquartered in Houston, announces the sale of their 6th multifamily asset of 2021- Alamo Oaks Apartments. Alamo Oaks is a 282 unit multifamily property in the San Antonio market.
This apartment community offers one, two, and three-bedroom apartment homes for rent in the Village North area of San Antonio, Texas. The Village North area is a neighborhood in northeast San Antonio. The economic and residential profile of Village North is heavily influenced by Fort Sam Houston, which houses an ever-changing population of active military personnel and retirees.
The neighborhood is positioned between two major highways, located 7.5 miles from downtown San Antonio and its employment and entertainment hot spots.
The sale of this project officially closed on December 28th, 2021. Disrupt Equity investors will receive a ~20% annualized return on their investment from this real estate syndication.
“We are excited to provide our investors with a great total return and an average annualized return above what we had projected,” says Ben Suttles, Managing Partner at Disrupt Equity.
“It has been a very busy year for us at Disrupt Equity, and the sale of Alamo Oaks marks a total distribution of $36,240,332 to our investors throughout 2021,” says Feras Moussa, Managing Partner at Disrupt Equity.
Despite six closing in 2021, Disrupt Equity has grown exponentially in multifamily acquisitions with $200M of acquired assets in 2021.